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Sunwest Bank Acquires Assets and Deposits From FDIC as Receiver for Westside Community Bank in Washington

PUYALLUP, WA — (Marketwire) — 01/11/13 — On January 11, 2013, Westside Community Bank was closed by the Washington State Department of Financial Institutions. The Federal Deposit Insurance Corporation (FDIC) was then named Receiver. Subsequent to the closure, Sunwest Bank, (OTCQB: SWBC) headquartered in Irvine, CA acquired substantially all of the deposits and assets of Westside Community Bank from the FDIC as Receiver for Westside Community Bank.The former Westside Community Bank will reope

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